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"But we do believe that our action will provide a meaningful boost to the economy," said Powell. "More specifically, it will support accommodated financial conditions and avoid a tightening of financial conditions which can weigh on activity and will help boost household and business confidence."

"But we're more concerned about the use of the app, particularly cellphone location data to conduct that kind of contact tracing because that type of information can be so incredibly sensitive and invasive and so easy to abuse."

"But of course, we have to modernize, we have to be innovative, we have to bring new technologies, we have to be increasingly and ever more environmentally friendly," Chao said.

"China is promoting deep-level services trade reforms, high-level opening up, and all-around innovation, which is good not only for Chinese companies but also for foreign companies that eye the Chinese market," Qiao said. "The development prospects for us are very promising."

"But we should care about any cliff-style drop of credit in the future," or a sudden slowdown in credit growth, Hu explained, because large policy changes may lead to unstable expectations among investors.